Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
US inflation rises to 3% for first time since June
Financial Express Chennai
|February 13, 2025
US INFLATION PICKED up broadly at the start of the year, further diminishing chances the Federal Reserve will cut interest rates anytime soon.
The consumer price index rose 0.5% last month, the most since August 2023 and led by a range of household expenses like groceries and gas.
Shelter accounted for nearly 30% of the advance, according to the report from the Bureau of Labor Statistics on Wednesday.
Excluding often-volatile food and energy costs, the so-called core CPI also climbed by more than forecast.
That reflected higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs.
This story is from the February 13, 2025 edition of Financial Express Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Chennai
Financial Express Chennai
Clear dues for barrier-free tolling system: MORTH
IN A RUN-UP to a barrier-free tolling system, the government has amended rules to make it mandatory for vehicle owners to clear all toll plaza dues before selling their vehicle or obtaining a fitness certificate.
1 min
January 21, 2026
Financial Express Chennai
Markets log worst day in 8 months on weak earnings
INVESTOR WEALTH ERODES ALMOST ₹10 LAKH CRORE
1 min
January 21, 2026
Financial Express Chennai
On cusp of historic India deal: Ursula
GIVES US FIRST MOVERADVANTAGEWITH FASTEST GROWING ECONOMY: VON DER LEYEN
1 mins
January 21, 2026
Financial Express Chennai
Lavrov lauds ties with India, China
RUSSIAN FOREIGN MINISTER Sergey Lavrov on Tuesday lauded Moscow’s bilateral ties with Delhi and Beijing and called for reactivating the Russia-India-China (RIC) trialogue, asserting that multipolarity is “here to stay”.
1 min
January 21, 2026
Financial Express Chennai
Rethink amid fragmented supply chains
The prevailing ad-hoc tariff-centric responses to geopolitical volatility are insufficient to guarantee sustained economic security and domestic resilience
3 mins
January 21, 2026
Financial Express Chennai
New steel scrap policy in the works
THE GOVERNMENT IS finalising a national steel scrap recycling policy, replacing the existing 2019 guidelines, to align it with changing dynamics of the industry arising out of domestic compulsions and commitments, and emerging international developments.
1 min
January 21, 2026
Financial Express Chennai
PNB sees NIM recovering from Sept qtr
PUNJAB NATIONAL BANK (PNB) expects to sustain quarterly net profit of above ₹5,000 crore despite near-term pressure on margins and higher credit costs, Executive Director Bibhu Prasad Mahapatra told FE in an interview.
2 mins
January 21, 2026
Financial Express Chennai
Recalibrating market vigour
DERIVATIVES BOOM HAS SHOWN INDIA'S MARKET POTENTIAL, THE REFORMS AHEAD WILL DEFINE ITS PURPOSE
4 mins
January 21, 2026
Financial Express Chennai
Embassy enters Mumbai realty mkt
LUXURY FORAY
2 mins
January 21, 2026
Financial Express Chennai
NHAI looks to prepay ₹35,000-cr debt this fiscal
THE NATIONAL HIGHWAYS Authority of India (NHAI) is planning to retire more than ₹35,000-crore debt before maturity in the current financial year, a plan which will bring down its outstanding liabilities below ₹2 lakh crore.
1 min
January 21, 2026
Listen
Translate
Change font size